# Weir Group acquires Motion Metrics for £89 million

Scottish engineering firm Weir Group has acquired Vancouver-based mining technology company Motion Metrics for £89 million (approximately $150 million). Motion Metrics will become Weir's global centre for excellence in AI and machine vision technology.

- Type: Acquisition
- Announced: 2021-11-05
- Where: Vancouver, British Columbia, Canada
- Value: $150.0M (89.0M GBP)
- Status: completed
- Products: AI and 3D technology for mining
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Weir Group](https://endata.com/companies/797.md) (acquirer)
- [Motion Metrics](https://endata.com/companies/20861.md) (target)
- [Motion Metrics International](https://endata.com/companies/59330.md) (target)

## Sources

- [bcbusiness.ca](https://bcbusiness.ca/business/tech-science/uk-engineering-giant-acquires-vancouver-based-mining-tech-biz-motion-metrics/), 2021-11-05: "The combination of Weir and Motion Metrics will be extremely powerful and reflects our ambition to play a leading role in mining's technology transformation."
- [ca.marketscreener.com](https://ca.marketscreener.com/quote/stock/THE-WEIR-GROUP-PLC-9590176/news/The-Weir-Group-PLC-completed-the-acquisition-of-Motion-Metrics-International-Corp-37192959/), 2021-11-30: "The Weir Group PLC completed the acquisition of Motion Metrics International Corp. on December 1, 2021."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.